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Lachlan Star Limited is a mining and exploration company. The Company is a minerals exploration and development company, which owns the ownership and operation of the CMD gold mine in Chile. The Company is focused on acquiring and developing assets within the gold, copper and bulk commodities sectors within Australia and overseas. The CMD Gold Mine is a heap leach gold mine, which is located in Andacollo approximately 350 kilometers north of Santiago. Its other projects include the Bushranger copper and gold project in New South Wales and Princhester magnesite deposit in Queensland. The Bushranger exploration-stage copper and gold deposit is located approximately 25 kilometers south of Oberon in the Lachlan Fold Belt in New South Wales, Australia. The Company owns three mining leases, including ML5831, ML5832 and ML5847 at Princhester, approximately 80 kilometers North West of Rockhampton, Queensland, which cover various magnesite deposits.